Delgado Community College Foundation

Organization Overview

Delgado Community College Foundation is located in New Orleans, LA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delgado Community College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Delgado Community College Foundation generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $6.4m during the year ending 06/2023. While expenses have increased by 20.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Delgado Community College Foundation has awarded 31 individual grants totaling $21,589,398. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FOUNDATION IS TO DEVELOP PRIVATE FINANCIAL RESOURCES FOR THE COLLEGE. THESE RESOURCES ARE USED TO PROMOTE AND ENHANCE EDUCATIONAL PROGRAMS, FUND SCHOLARSHIPS, AND TO SEEK EXTERNAL REVENUES, PRIVATE PHILANTHROPIC AND ADVOCACY SUPPORTING FUNDS FOR THE COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTED EDUCATIONAL AND CULTURAL WELFARE OF DELGADO COMMUNITY COLLEGE BY ON-GOING CONSTRUCTION OF THE STUDENT LIFE CENTER OF DELGADO'S CAMPUS TO PROVIDE BROADER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES.


PARTNERSHIP WITH THE U.S. NAVY TO SUPPORT EXISTING EDUCATION, TRAINING, AND WORKFORCE DEVELOPMENT OF THE MARITIME INDUSTRY TRADES


PROVIDED SCHOLARSHIPS TO WORTHY STUDENTS AT DELGADO COMMUNITY COLLEGE INCLUDING GAP AND OTHER SCHOLARSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Leon L Giorgio Jr
Chairman
$0
Pastor Charles J Southall III
Secretary (thru 11/2022
$0
Ann D Duplessis
Director
$0
Dino Paternostro
Director
$0
Ed Marshall
Director
$0
Gary P Lagrange
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$105,890
Related organizations$0
Government grants $514,202
All other contributions, gifts, grants, and similar amounts not included above$6,010,318
Noncash contributions included in lines 1a–1f $24,250
Total Revenue from Contributions, Gifts, Grants & Similar$6,630,410
Total Program Service Revenue$0
Investment income $15,577
Tax Exempt Bond Proceeds $145,348
Royalties $0
Net Rental Income $92,179
Net Gain/Loss on Asset Sales -$44,099
Net Income from Fundraising Events $74,707
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,914,122

Grants Awarded

Over the last fiscal year, Delgado Community College Foundation has awarded $5,701,055 in support to 4 organizations.

Grant RecipientAmount

DELGADO COMMUNITY COLLEGE

PURPOSE: SUPPORT OF ATHLETIC PROGRAM

$142,542

DELGADO COMMUNITY COLLEGE

PURPOSE: SUPPORT OF NAVY TRAINING

$514,202

DELGADO COMMUNITY COLLEGE

PURPOSE: CONSTRUCTION OF DELGADO NURSING AND ALLIED HEALTH FACILITY

$5,000,000

DELGADO COMMUNITY COLLEGE

PURPOSE: SUPPORT OF DEPARTMENTS AND COLLEGE

$44,311
View Grant Profile

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$7,568,243
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